Initial Jobless Claims

Another 4.4 million Americans filed for initial jobless claims last week (ending April 17), revealing that at least 26 million people have requested unemployment benefits since the outbreak of the coronavirus pandemic.

In just one month, all job gains since the Great Recession have disappeared, according to new data released Thursday by the Department of Labor. The economy had created around 22 million jobs since 2010, during a historic decade of economic expansion that came to an abrupt end in February.

Source: NBC News